Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,288 members, 7,815,493 topics. Date: Thursday, 02 May 2024 at 01:20 PM

There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E (13959 Views)

Femi Gbajabiamila: What Transpired During Obasanjo, Tinubu’s Meeting / #xenophobia: How Nigeria Spent $61BN To Free South Africa From Apartheid / $16bn Power Sector Fraud: Obasanjo Replies Buhari (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 10:07pm On Jul 19, 2019
Buckubuck:


Zombie, did you even read the link you posted? The report actually exonerates Obasanjo.
This is a poor job from you. You don't deserve today's pay

I am not working for anybody. I watched the house of rep probe back then where so many revelations were made before obj used his influence to scuttle the process. Obj's administration had a due process ministry but those fictitious companies with no physical addresses were paid in full with 30% work done. The question is who are the real owners of those companies who got contracts running into billions of dollars without the approval of the senate?
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 10:38pm On Jul 19, 2019
Xda59:


I am not working for anybody. I watched the house of rep probe back then where so many revelations were made before obj used his influence to scuttle the process. Obj's administration had a due process ministry but those fictitious companies with no physical addresses were paid in full with 30% work done. The question is who are the real owners of those companies who got contracts running into billions of dollars without the approval of the senate?

You're just willfully blind and arrogant in ignorance.
Who was the minster of your phantom ministry of due process?
Check the link you posted again and mention the companies that were paid in full. Even with the facts starring at you, your warped mind is so steeped in devilish bias you can't process the facts
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by myobjective: 11:13pm On Jul 19, 2019
Nasir123:
I keep wondering while is it so difficult for Nigeria to produce electricity for her own citizens!
Answer :
Nigerians are unpatriotic and corrupt.

Ordinary Electricity!

Electricity is not just ordinary, this is what most of you fail to understand. Electricity involves generation, transmission and distribution whic requires heavy investment.

For us to have uninterrupted electricity in Nigeria, we need to completely privatize the power sector, for us to attract the type of investment required we need to review our tariff which is one of the lowest in the world.
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by myobjective: 11:20pm On Jul 19, 2019
Buckubuck:


You're just willfully blind and arrogant in ignorance.
Who was the minster of your phantom ministry of due process?
Check the link you posted again and mention the companies that were paid in full. Even with the facts starring at you, your warped mind is so steeped in devilish bias you can't process the facts

Don't mind him. We have too many educated illiterate in this country, people that don't have a clue forming to be an expert. Electricity is a serious business, you need heavy investment that can only come from private investment but the problem is that the sector is not attractive because of our practice of low tariff, poverty, vandalism etc.

With a centralized power system where everything goes to the power grid, you will region like the north that can't pay for electricity. How do they want private film to invest billions into such a industry?
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by grandstar(m): 7:55pm On Dec 08, 2019
OBJ left over $20b in the excess crude account and at the same time wasted $16billion on the energy sector? How is that compatible.

It should be obvious without being told that the humongous sum paddled around cannot be true. As a scammer once said, "People believe what they want to believe''. King Solomon was so true when he said the words of a slanderer are sweet and are swallowed down easily.

4 Likes 3 Shares

Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 7:31am On Dec 09, 2019
Xda59:


We watched the probe where revelations of how foreign companies were given contracts without their knowledge and bank accounts opened in their names. ONJ is a big thief and he had to sack ngozi okonjo iweala as finance minister in order for him to perpetrate this $16 billion power fraud.

$16 billion ko, $16 billion ni. Check the probe findings.

What you watched was findings not result. Check the conclusion of the probe.
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 7:33am On Dec 09, 2019
DJInfluence:
Honestly though, the developed countries enjoying constant power supply did not spend this much to achieved that. Despite this amount spent, we can´t even boast of 18 hours a day supply of power. Am even tired of complaining.

That's a big lie. They spend heavily.
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by godliman: 9:21am On Dec 09, 2019
thesicilian:

That's their strategy. They wait for some years, and then try to distort the truth. But the internet never forgets.
Which truth? A lie repeatedly told becomes truth to some simple minded ppl. 16 bn dollars is not beans. Forget Apc, they are a bunch of foul mouthed lairs. Btw where is the 200 billion dollars recovered loot they promised to bring from Dubai? Who remembered that cock and bull story used to fool some foolish nigerians?

1 Like

Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by jude79(m): 12:04pm On Dec 09, 2019
mvem:
1 billion naira in 2000 is not the same with 1billion in 2015 because of inflation, Money has lost value.... This is common econoomics

Yea, but 1 billion $ in 2000 is still close to 1 billion $ in 2015.
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by jude79(m): 12:12pm On Dec 09, 2019
godliman:
I HAVE ALWAYS KNOWN THAT THE SO CALLED S16 BILLION DOLLARS SPENT ON POWER WAS A MYTH COINED BY DIMEJI BANKOLE'S KANGARO PANEL. BABA JIDE OF TVC JOURNALIST HANG-OUT ONCE GAVE AN EYE-OPENING EXPOSE' ON THAT. THE PRESENT GOVT IS JUST USING THAT TO MALIGN OBJ.TRULY NIGERIA IS NOT WORTH DYING FOR, OBJ STRUGGLED AND SECURE DEBT FORGIVENESS FOR NIGERIA AND PAID UP OUR LOAN BALANCE, TODAY FOR DARING TO SPEAK TRUTH TO POWER, HE IS A BAD GUY, MEANWHILE BUHARI IS FEVERISHLY BORROWING (WITH NOTHING TO SHOW FOR), ERRODING ALL THE GAINS OF THE OBJ'S YEARS, YET HE TO SOME IS THE BEST LEADER TO EVER LEAD NIGERIA. NIGERIA IS PATHETIC. SINCE WE AVOWEDLY HATE TRUTH, LET US ENJOY OUR DELICIOUS LIES. BTW WHERE IS THE S200 BILLION LOOTED FUNDS APC SUPPORTERS TOLD US WILL BE SHIPPED IN FROM DUBAI AT THE ON SET OF THIS GOVT?. IT SEEMS SOME PEOPLE CAN LIE FASTER THAN THEY BREATH. MAY GOD FORGIVE US ALL WE ARE A WICKED AND REPROBATE RACE.

Truer words have never been said, ur a gem
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by jude79(m): 12:14pm On Dec 09, 2019
Timfreds:
It's painful how APC and Buhari succeeded in deceiving Nigerians, and plunging the nation into the deep waters we are in at the moment. Buhari is actually God's punishment for nigeria.



Correct sensible statement from a wise man.

1 Like

Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by holycup(m): 1:00pm On Dec 09, 2019
Many of our leaders past/present deserve to be in prison now for things to go well for our dear nation btw orji uzo
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 1:42pm On Dec 09, 2019
soulpeppersoup:


$16 billion ko, $16 billion ni. Check the probe findings.

What you watched was findings not result. Check the conclusion of the probe.

What is there to check when obj used his influence to scuttle the process.
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 5:49pm On Dec 09, 2019
Xda59:


What is there to check when obj used his influence to scuttle the process.

Your inability to read is your problem; your failure to comprehend after reading is your problem.

The $16 billion is the supposed budget that wasn't ultimately released.

Go online and look for the probe again, this time read it and don't stop at the sensational headline.

1 Like

(1) (2) (3) (Reply)

Garba Shehu refutes Sahara Reporters' Report, Denies writing stories for NAN / Peter Obi Denies Receiving Any Private Jet Donation For His Campaign / South-west Farmers, Miyetti Allah Sign Peace Pact

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 27
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.